LCP Acquires Two Companies

Lazarus Capital Partners has acquired a majority interest in two separate companies, Gasko Fabricated Products and Rhopac Fabricated Products. Gasko, headquartered in Medina, Ohio, is a manufacturer of die cut, close tolerance products from flexible, non-metallic materials. Rhopac Fabricated Products, headquartered in Libertyville, Illinois, is a manufacturer of non-metallic tight tolerance parts.

PRESS RELEASE

Lazarus Capital Partners (LCP) principals, Hewes Hull, Rob Jennings, and Spencer South announced today the acquisition of a majority interest in two separate companies, Gasko Fabricated Products and Rhopac Fabricated Products.
Gasko Fabricated Products, headquartered in Medina, Ohio, is an established manufacturer of die cut, close tolerance products from flexible, non-metallic materials. Gasko serves a wide range of industries including lawn and garden, automotive, industrial, medical, appliance and aerospace. Gasko specializes in rapid prototyping of products and is ISO and QS certified.
Rhopac Fabricated Products, headquartered in Libertyville, Illinois, is a well-established manufacturer of non-metallic tight tolerance parts. Rhopac specializes in manufacturing parts from foam, cork and other flexible non-metallic materials for a wide variety of end markets.

About Lazarus Capital Partners, LLC
LCP is a private equity firm founded in Birmingham, AL, focused on acquiring controlling equity interests in lower-middle-market manufacturers, value added distributors and business to business service companies, with revenues generally in the $5-$40 million range and located generally in the Southeastern and Midwest.